Loading company…
Riskpilot
← Back to search
Sign in
Get full access
CRANE NORWAY MIDT-NORGE AS
AS
Active
Org 950730803
Hofstadvegen 46, 7224 Melhus
Other specialised construction activities n.e.c. · NACE 4399
Est. 1989
61 employees
www.cranenorway.com
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 191M
+24% vs 2023
EBITDA margin
21.0%
+41% vs 2023
Equity ratio
20.7%
Financial strength
Net profit 2024
NOK 13,7M
+138% vs 2023
EBITDA — year on year
NOK millions
50M
38M
25M
13M
0M
31M
2020
31M
0%
2021
26M
-16%
2022
28M
+8%
2023
40M
+43%
2024
Key figures
Annual report 2024
Revenue
NOK 191M
+24%
EBITDA
NOK 40,1M
+41%
Net profit
NOK 13,7M
+138%
Total assets
NOK 152,8M
-4%
Equity
NOK 31,6M
+23%
Employees
61
—
Company information
Legal name
CRANE NORWAY MIDT-NORGE AS
Org number
950730803
Legal form
Aksjeselskap
NACE code
4399 · Other specialised construction activities n.e.c.
Founded
25. april 1989
Share capital
NOK 960 000
Employees
61 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap
Contact
Address
Hofstadvegen 46, 7224 Melhus
Website
www.cranenorway.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Other specialised construction activities n.e.c.
Companies in Melhus
All Norway companies
Revenue
NOK millions
0M
55M
110M
165M
220M
138M
2020
139M
2021
130M
2022
154M
2023
191M
2024
EBITDA
NOK millions
0M
12M
23M
35M
46M
31M
2020
31M
2021
26M
2022
28M
2023
40M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
137 676
139 116
129 968
153 607
190 991
Staff expenses
−41 602
−39 074
−39 064
−44 949
−49 774
EBITDA
30 747
30 520
25 884
28 445
40 134
Depreciation & amort.
−16 279
−16 245
−15 941
−17 278
−18 316
EBIT
14 468
14 275
9 943
11 167
21 817
Net financials
−2 273
−652
−2 242
−3 779
−4 269
Profit before tax
12 196
13 623
7 701
7 388
17 548
Tax
2 763
3 025
1 727
1 661
3 893
Net profit
9 433
10 598
5 974
5 727
13 655
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
139 771
132 831
120 808
159 337
152 808
Equity
18 585
21 383
21 117
25 764
31 619
Long-term debt
86 447
80 286
65 805
90 421
83 344
Short-term debt
34 739
31 163
33 885
43 152
37 845
Total debt
121 186
111 448
99 691
133 573
121 189
Financial ratios
5-year trend
EBITDA margin
21.0%
This company
15.8%
Market median
+33% vs market
2020
2024
Equity ratio
20.7%
This company
38.2%
Market median
-46% vs market
2020
2024
Return on equity
43.2%
This company
18.4%
Market median
+135% vs market
2020
2024
Net profit margin
7.1%
This company
8.1%
Market median
-12% vs market
2020
2024
Asset turnover
1.25×
This company
1.12×
Market median
+12% vs market
2020
2024
Debt / equity
3.83×
This company
0.62×
Market median
-518% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
MJ
Magnus Johan Gulstad
Chief Executive Officer
Chief Executive Officer
2007
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
JS
Jostein Skadberg
Board of Directors
2016
TH
Trond Helge Skretting
Chairman
2016
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Crane Norway Group As
Company
100%
100%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
Kranringen Holding As
Crane Norway Group As
CRANE NORWAY MIDT-NORGE AS
(this company)
Board network connections
Board members of CRANE NORWAY MIDT-NORGE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Magnus Johan Gulstad
Chief Executive Officer
0 companies
Jostein Skadberg
Board of Directors
0 companies
Trond Helge Skretting
Chairman
0 companies